The World Bank is close to running out of money, its president, Robert Zoellick, has disclosed.
The Bank, whose job it is to support low-income countries, has had to hand out so much cash in the wake of the financial crisis that its resources could run dry within 12 months.
“By the middle of next year we will face serious constraints,” said its president Robert Zoellick, as he launched a major campaign to persuade rich nations to pour more money into the Washington-based institution.
He conceded that such a task was likely to be extremely difficult, given the difficulties facing countries in the wake of the developed world’s biggest recession since the Second World War.
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FDIC Insuring 8,200 Banks with $9 Trillion in Deposits and Zero in the Deposit Insurance Fund
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Ruh-Roh!!!
ReplyDeleteOur owners would never let one of their greatest tools expire.
ReplyDeleteReset button has got to be coming in some form...
ReplyDeleteRumours of nuclear false flag, world war 3, martial law, manufactured food crisis, bioweapons and neutron bomb holocaust, underground bases, 2012 messiah/alien hoax, global currency, global government (well fait accompli on that one seemingly)...
...what's it gonna be? Anyone in the know who isn't a disinfo cointelpro psyop type?
Uh oh spagheti-O
ReplyDeleteHEH
Survey SAYS "Martial Law"!
ReplyDeleteThe Depression (oh wait, the govt says "Recession")is over, we have won the war (war?) in Iraq, and now with all of the extra US Government printed money, we will move 100,000 troops into Afghanistan to win that war.
And its time to go shopping for that new 60" HDTV!!
I'm living the dream!
WHERE ARE ALL THE CHURCHES THAT PAY NO TAXES, LET THEM PAY SOME OF THE BILLIONS THEY HAVE LIKE DOBSON, ROBERTSON, SCUMBAG RUPERT THE PROPAGANDIST MURDOCH, WHERE ARE THEIR BILLIONS WHEN THE USA NEEDS THEM??
ReplyDelete4:17, I agree but I guess they didnt vote for "trickle down economics," the hollywood types, and high profile dems did, and their hypocrisy and unwillingness to donate is deafening.
ReplyDelete507 I believe your history knowledge is cloudy, let me edjimacate you, trickle down ecnomics was a term defined by will rogers and mostly is attributed to ronald reagan, thus reagan was a republican, and hollywood is almost all democrats, so no hollywood did not ask for trickle down economics, that is a right wing trick, but what the whole country got, was "trickled on", economics.
ReplyDeletehey 6:22 some people have to work,and support you lazy "professor"types we dont have all day like you to polish up on our old college history books. Anyway trickle down is not a phrase owned by any political party, how elitist to own a phrase. spread the wealth is what you wanted, and BTW, I want that too. I want all multi millionaires to spread the wealth, what happened to the promises?I just want the dems to step up to the plate already.
ReplyDelete622 wow edjimacate...racist much?
ReplyDelete701 just joking, guess you cant take a joke. I am not lazy, I am actually a self made businessman. Pay my fair share for everything,and yes trickle down was adoped by reagan a republican, look it up, it was coined by Will Rogers, but adapted by reagan and republicanism. I want people to spread the wealth, but that is not happening as the top 2% own 95% of the wealth, while the bottom 98% fight for the scraps and that gap is widening everyday.
ReplyDelete726 i can take a joke. I am glad you work.I know what trickle down econ. (old school repub) is, they are just repackaging the phrase for modern (dem)times. anyway, I am for neither party. but I am for 2% spread the wealth.
ReplyDeleteWho cares about World Bank!
ReplyDeleteWe The People now print money using digital printers right from our homes :)